Facebook will restore the news content to its platform in Australia after the government has agreed to to amend its proposed News Media Bargaining Code.
Facebook’s William Easton, Managing director of Australia and New Zealand, said in an updated post that the company is “satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns.”
The amendments, outlined in a release from the Australian government, include giving publishers and tech companies two month to reach agreements with one another. Another amendment notes that the government must take into account whether a tech company has already reached commercial agreements with the Australian news industry.
Australian treasurer Josh Frydenberg responded to the deal by saying “Facebook has committed to entering into good-faith negotiations with Australian news media businesses and seeking to reach agreements to pay for content,” the Sydney Morning Herald reports.
